I asked the Competition and Mergers Review Group to advise me on how best to implement certain recommendations of the Commission on the Newspaper Industry. The recommendations referred to the review group concern the factors to be considered in regulating changes of ownership of newspapers; an amendment to merger law to enable consideration to be given to the acquisition of control over newspapers by means other than the acquisition of shares; and the consideration of the issue of concentration of ownership on a media-wide as well as on a single media basis.
I have recently received the report and recommendations of the Competition and Mergers Review Group. The review group has reported on this and a wide range of merger and competition law matters. I will publish the report shortly. I apologise to the House because I had promised publication before now. However, the final logistical proof-read copy arrived in the Department only last week and it is currently being printed. I hope to have it published in the next couple of days.
The review group took more than three years to complete its consideration of the many complex issues within its remit. Clearly, I will require some further time to give the recommendations the full and careful consideration they deserve. I will decide what consequential action, if any, is required in due course.